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ASIC regulatory update

The Australian Securities and Investments Commission (ASIC) recently released changes to current regulations surrounding CFD products and Binary products for retail clients.

You can read ASIC's announcement about leverage and ratio limits here.

You can read ASIC's announcement about Binary options here.

What are the changes?


The changes released by ASIC include:


  • Leverage ratio limits

    • 30:1 for CFDs referencing an exchange rate for a major currency pair
    • 20:1 for CFDs referencing an exchange rate for a minor currency pair, gold or a major stock market index
    • 10:1  for CFDs referencing a commodity (other than gold) or a minor stock market index
    • 2:1 for CFDs referencing crypto-assets
    • 5:1 for CFDs referencing shares or other assets
  • Margin close-out percentages - standardise CFD issuers’ margin close-out arrangements that act as a circuit breaker to close-out one or more a retail client’s CFD positions before all or most of the client’s investment is lost
  • Negative balance protection - protect against negative account balances by limiting a retail client’s CFD losses to the funds in their CFD trading account
  • Promotional offers - prohibit giving or offering certain inducements to retail clients (for example, offering trading credits and rebates or ‘free’ gifts like iPads).
  • Binaries and Countdown products - Countdowns were removed from the Next Generation platform on the 30 April 2021

Learn more

Quick guide to ASIC regulations

Click here

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Highest Overall Client Satisfaction

Investment Trends Australia Leverage Trading Report

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Investment Trends Australia Leverage Trading Report

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Customer Service

Investment Trends Australia Leverage Trading Report

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Investment Trends Australia Leverage Trading Report

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Investment Trends Australia Leverage Trading Report

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Australian Service Excellence Awards

^By own client ratings. Investment Trends 2018 Australia Leverage Trading Report, based on a survey of over 18,000 traders and investors


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